The stock, at 8.3x FY19 projected earnings, seems reasonably valued for accumulation.

Earnings momentum swinging in favour of India's largest denim maker. Fancy a buy?

Volume-driven sales growth, cost savings through backward integration, emphasis on premium products, growing denim demand, and GST make Nandan Denim a force to reckon with.

Buy Nandan Denim; target of Rs 140: GEPL Capital

GEPL Capital is bullish on Nandan Denim has recommended buy rating on the stock with a target price of Rs 140 in its research report dated January 10, 2017.

Buy Nandan Denim; target of Rs 158: Karvy

Karvy Stock Broking is bullish on Nandan Denim and has recommended buy rating on the stock with a target price of Rs 158, in its research report dated September 02, 2015.

Buy Nandan Denim; target of Rs 110: Sunidhi Securities

Sunidhi Securities is bullish on Nandan Denim and has recommended a 'Buy' rating on the stock with a target price of Rs 110 in its research report.

Buy Nandan Denim; target of Rs 67: Firstcall Research

Brokerage house Firstcall Research is bullish on Nandan Denim and has recommended buy rating on the stock with a target price of Rs 67 in its research report dated March 12, 2015.

Buy Nandan Denim; target of Rs 67: Firstcall

Brokerage house Firstcall Research is bullish on Nandan Denim and has recommended buy rating on the stock with a target price of Rs 67 in its research report dated December 13, 2014.